Miyakoshi Holdings, Inc. Financial Summary for the Six-Month Period Ended March 2027 (Q2 Interim)

Summary of Results

For the six-month period ended March 2027, consolidated revenue was 0 million yen, a substantial decline, resulting in an operating loss of 394 million yen, an ordinary loss of 197 million yen and a net loss attributable to owners of parent of 193 million yen for the interim period. In the year-ago period, revenue was 304 million yen, operating loss was 39 million yen, ordinary income was 97 million yen and net income attributable to owners of parent for the interim was 70 million yen. The transition of the WIC project into the construction phase led to initial investments and a reduction in rental income, which affected results. The full-year forecast remains unchanged from the 2026 published forecast.

Interim Financial Position and Outlook

At the end of the interim period, total assets amounted to 26,959 million yen, net assets to 25,698 million yen and the equity ratio was 92.1%, indicating stability. Total assets increased due to foreign exchange fluctuations, while net assets declined due to transfers of non-controlling interests and other factors. There is no change to the most recently disclosed dividend forecast. Preparatory work for the WIC project is underway, with scheduled construction start in fiscal 2026 and a grand opening targeted for fiscal 2031. The company aims to expand earnings through rental income combined with the launch of the innovation business.